The question is: Will it benefit the patients or just the bottom line?
We shall see.
Beaumont Health System, Botsford Health Care and Oakwood Healthcare announced Monday that they'll combine operations into a new $3.8 billion health care organization. The hospitals' boards unanimously approval approved the merger.
In a press release, the the hospital said that the merger reflects the common vision to remain leaders in providing high-quality, high-value, not-for-profit health care.
The hospital system will be called Beaumont Health.
The organizations will combine eight hospitals and 153 other patient care sites into a new comprehensive, collaborative health system, the press release says.
“While Botsford and Oakwood have outstanding names and brands in their primary communities, we chose the name ‘Beaumont Health’ because of its recognition and strength throughout all of Southeast Michigan and on a national level," Oakwood Board Chairman John Lewis, who will be the future chair of the Beaumont Health board, says in a statement.
